Why is Devine Impex falling/rising?

As of 03-Jul, Devine Impex Ltd is experiencing a decline in its stock price, currently at 8.61, which reflects a decrease of 0.29 or 3.26%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total return of -8.6% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company is facing significant challenges, including operating losses and weak long-term fundamental strength, as indicated by a poor EBIT to Interest ratio of 0.05 and a low Return on Equity of 0.23%. Furthermore, the stock's valuation appears expensive relative to its peers, with a Price to Book Value of 0.6, despite trading at a discount compared to historical valuations.
In the broader market context, Devine Impex's short-term performance has been notably worse than the benchmark, with a 1-week return of -4.12% compared to the Sensex's -0.62%. Over the past month, the stock has declined by 5.59%, while the Sensex has increased by 3.10%. This underperformance is compounded by the company's flat financial results and low cash reserves, which have contributed to a negative sentiment among investors. Although there has been a rise in delivery volume, indicating some investor interest, the overall outlook remains bleak due to the company's inability to generate significant profitability and the ongoing operational challenges it faces.